Welcome to our dedicated page for Archer Aviation news (Ticker: ACHR), a resource for investors and traders seeking the latest updates and insights on Archer Aviation stock.
Archer Aviation Inc. (NYSE: ACHR) generates news across advanced air mobility, eVTOL aircraft development, hybrid-propulsion vertical lift platforms and electric powertrain technology. This page aggregates company-specific headlines, press releases and market-moving updates related to Archer’s aircraft programs, regulatory milestones, partnerships and capital markets activity.
Recent announcements highlight Archer’s progress in building air taxi networks in U.S. cities, including plans for a Miami metropolitan area network and operations in and around Los Angeles, as well as its role in applications under the U.S. Department of Transportation’s eVTOL Integration Pilot Program. The company also reports on international initiatives, such as in-country eVTOL flight test campaigns in the United Arab Emirates and agreements with Saudi Arabia’s General Authority of Civil Aviation to develop regulatory pathways for electric air taxi deployment.
Investors and observers can follow news on Archer’s collaborations with technology and aerospace partners, including its work with NVIDIA on AI-powered aviation systems, its exclusive collaboration with Karem Aircraft on military-grade rotor and tiltrotor technologies, and its agreement to supply proprietary electric powertrains to Anduril Industries and EDGE Group for the Omen Autonomous Air Vehicle system. Updates on intellectual property acquisitions, such as patent assets from Lilium GmbH and IP assets from Overair Inc., are also reflected in the news flow.
In addition, Archer’s news includes disclosures on the acquisition and planned redevelopment of Hawthorne Airport as an operational hub and innovation testbed, as well as legal and regulatory developments reported through company statements. Bookmark this page to access a focused stream of Archer Aviation news, from aircraft testing and network planning to strategic partnerships and SEC-reported events.
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Archer Aviation Inc. (NYSE: ACHR) has begun trading its Class A common stock and warrants on the New York Stock Exchange. This marks a significant milestone for the company, generating approximately $857.6 million in gross proceeds, including $600 million from a PIPE. Co-founders Brett Adcock and Adam Goldstein emphasized the company's vision to revolutionize urban air mobility with their all-electric vertical takeoff and landing (eVTOL) aircraft. The PIPE was backed by notable investors, including United Airlines and Stellantis.
Archer Aviation Inc. has completed its merger with Atlas Crest Investment Corp., now rebranded as Archer Aviation Inc. The transaction resulted in approximately $857.6 million in gross proceeds, inclusive of $600 million from a PIPE deal. Archer's shares will begin trading on the NYSE under symbols ACHR and ACHR WS on September 17, 2021. This merger positions Archer to advance its urban air mobility initiatives and develop electric vertical takeoff and landing aircraft.